Slow, steady growth for residential kitchens, reports AMA Research

Kitchen furniture sales will stabilise and experience a slow but steady growth, over the next five years, according to AMA Research.

04 Oct, 24

Kitchen furniture sales will stabilise and experience a slow but steady growth, over the next five years, according to AMA Research.

Slow, steady growth for residential kitchen sales

Image by ErikaWittlieb from Pixabay

 

The 17th edition of the UK residential kitchen furniture market report forecasts 4% growth in 2028, reaching £2.21bn Manufacturer Selling Price (MSP)

It reported economic disruption and reduced activity in the construction industry in 2020 saw a decline of 5%, and although it grew by 11% in 2021, it further declined in 2023.

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AMA Research states in the short to medium term, consumer confidence may not grow enough to generate immediate growth, with the market also subject to labour and supply shortages.

Citing the market remains “highly” competitive for manufacturers and distributors, with European companies looking to expand in the UK.

However the research company projects longer-term growth, although states this may still be impacted by  kitchen installer shortages.

With the newly appointed Government housing target to build 1.5million homes for 2029, alongside increased public RMI activity, AMA believes it will provide a boost for the residential kitchen furniture market.

It projects the residential kitchen furniture market to have a +14.4% increase in 2028, compared to estimated 2020 levels.

Kitchen furniture and worktops sales  are expected to grow at 4%, while sink sales are estimated to increase by  3% in 2028.

It points out accessible design for the UK’s ageing population, as well as sustainable materials with circularity principles, may create a competitive advantage as consumer awareness increases.